The Ethos of Big Tech 

See John's point here. I cannot see corporations taking the side of common good when they are drive by board of executives that maximize profitability and want to reduce expenses at all costs. To ask a profit-seeking organization to "care" for the common good is absolutely counter productive to their original mission. Employees in these companies will align with a mission until their RSUs are cancelled. It's preposterous to think this is possible and viable long-term. You will see spurts of social responsibility but overall this is PR speak painted as caring for society in general. Very naive point of view - IMHO

they seem comfortable talking to each other. wonder if they're good friends from before. interesting talk, thanks. with the way technology is going, not only our corporations but humans as a species need to redefine our goals as 'we' instead of 'me'. we face too many existential threats to continue with these petty games and power plays. too much is at stake and i'm afraid we're running out of time.

love this show thanks for making it

if scott was a social media platform i would delete facebook right now

"We, as a society, are expecting more from our corporations." lol. Upvoted. Funny channel. Good job!

We need Trust busting to come back! Teddy Roosevelt was right!

the thing about Facebook is that like most of the world we are disconnected via water or landmasses.. its really the only reason why i use Facebook. they don't have a competitor in that realm. it is highly needed. someone mentioned to me that there is a startup like Facebook offering to pay you for your use of the program, not too sure how credible the source was. . do you think Facebook may go this route.. due to the huge concerns of use of information. i.e if you want my information you pay me for it. @L2inc

I'm 100 percent down to hop on another platform and give Zuckerberg the middle finger and so are millions others, make it happen Silicon Valley!

Wow, two of my favorite and insightful profs getting together to chat about today's state of the internet... just made my day especially the "I use Ask Jeeves" pun, haha. This could've gone another two hours and I would've gladly listened. Here's to hoping there'll be a Part Deux some day down the road.

If we add Regulation (secretly Facebook wants) it would be harder for potential competitors to get a foothold in the market. Think about it! Facebook wants regulation (they have 24,000 employees)! CEO Mark, “ yes Sen., more than happy to help you create regulation .”

Scott should go on the Joe Rogan Podcast some time. Great fusion of two communities speaking on important issues of the marketing and tech business worlds

The google plus bit I had no idea about. It's fascinating and slightly disturbing.

When is Google going to face Congress hearings about how they track and mine user data even if you try to block their access.

is this 2018 or 1918?... you know companies can't profit without solving people's problems and people voluntarily choosing to use said company, right?

Instagram, Snapchat, and Twitter will last virtually forever. I did not think the same for Facebook and MySpace

I'd implore you all to check out Sociall: a decentralized social network platform on the blockchain. Shows promise to be a contender to Facebook if an exodus happens similar from MySpace.

Facebook is sneaky.

Profit as a monocular drive is unsustainable. Just as releasing a 2018 phone with just push keys is futile. People want better.

It is possible that Dan Larimer of EOS could build a decentralized social media platform on the EOS blockchain after launch in June.

Hey Scott, which public tech company could become the next big thing like the FANG names? Can you do a video on this subject?

I stopped using Facebook a while ago. Facebook has the information I wanted it to have. I will use it again when it is useful to me.

reddit seems to be positioning itself as the next facebook. they've added profiles, chat, and a slew of other facebook-like features.

Gates didn't make MS DOS. He bought it. For 50 grand, IIRC.

you guys, increasing wages to compensate for an ever increasing cost of living standard in the united states is seen as innovation. but i guess it makes sense, if corporations could operate on 100% slave labor they would

Scott! You make really entertaining content. There has got to be a way you can get serious views. Maybe its the naming of your videos.

Again great video Always thought provoking Too all the commenters: Ehhh,, the only act your probably going to do is leave that comment : you’ll forget about it in 2 months....

its all a bit trust in the market. no real solutions. even admits it and pleads for solutions!

Corporations cannot act like humans, it's not in their nature. As a libertarian conservative I've always been curious as to why anything should be "publicly owned" or mass owned. I'd like a law saying that any corporation needs a definitive owner, otherwise groupthink is an inevitable deterrent to any meaningful charitable or socially responsible work. As a case in point, most people don't even have the same definition of what "socially conscious" even means, so any company engaged in such activity must first purge all political dissidents from their ranks, which leads to radicalism (see Starbucks, Silicon Valley, etc.) I wouldn't want a company I was involved in giving money to climate scientists over orphanages, and someone else on a board of directors may have the opposite opinion. Enter conflict. You cannot outsource leadership to the group, that actually amplifies apathy. Leadership is not something you can pull from the blockchain either. All companies should be entities with a single head bearing any and all moral responsibility.

I don't understand what the problem is with "shit ton." Is someone being politically correct?

Wow Mr Galloway this is a great talk. Kudos.

Uhm, we've known corporations have been a tool of empire building since the East India trading company. Corporations should be subject to civil sovereignty as much as governments.

very good one

this guy kinda schooled scott in some areas

Corporations control capital, not innovative management, etc.. They consolidate wealth, and break the market for smaller entities.

Fantastico.

Take a look at Cisco as a company that's taking a more socially responsible role. Not perfect, but Cisco has given back to several communities and encourages employees to do the same.

A side note: THE Prof. G is beeping someone out? F*cking hilarious! :-)

So John is saying our relationship with Facebook is "it's complicated."

great video once again i am a big fan would love to collaborate one day

Nation first....

Facebook will become Yahoo within the next 10 yrs.

steemit.com

We asked for longer videos, and our God has heard our prayers. All heil the professy Galloway.

Hell yeah milky chance in the outro, also great talk very interesting to listen too

Scott did you know John knows Google really well?

Tell us about some valid alternatives so we can move if we want to

Great chat as always. Thank you for this.

I love these Videos and this channel period. 😁

some amazing insights here. thank you

I love these. It should also be published as a podcast.

Great show.

Look at the size of that guys hands. God damn

John was a great guest, great video too!

Facebook will go the way of my space

Great interview!

It's all an act.

one of the best L2's to date!

reboot

7th?

hey scott

Steemit blockchain solution

SECOND COMMENT......Bow to me

Face book born in Dorm room lololol Cia dorm room

Looking to corporations to be 'good' just smacks of more tech worship. And google is the top of my list, probably because I'm more conservative - I've seen my favorite content creators get repeatedly demonetized and 'removed-from-the-feed' for months now. @#$% that.

Corporations will eventually yield their power to the decentralized, public, distributed, open source blockchain.

People up in arms about facebook. Scott can't get over Facebook lol....Google does the same by tracking users data. *shrugs

the best part in the facebook hearing when a senator told Zuckerberg to send him the regulations that they want facebook to impose on the industry.

The bleeping on here seems to detract from the emotion trying to to be conveyed.

Playing fast and loose with economics concepts like externalities, public goods, commons etc. Unenlightened conversation

We are waking up to the power that corporations have. And my question is WHY DID WE LET THEM HAVE SO MUCH POWER!

Oh yeah, more regulation, that always works. More like NEVER, or at best temporarily. Govt is always 5-steps behind. Worse, Govt is more self-serving than ever, they're not an honest referee anymore. Get the memo.

This conversation is a manifestation of an obsessive desire to foist your absurd poitical/social views on others when you've been unsuccessful doing so at the ballot-box. 'Social Responsibility' is an indulgence of the already-successful.

10/10 Ums

They are both so similar in demeanor and insight. Loved this conversation.